Life360, Inc. (OTCMKTS:LIFX) Sees Significant Decline in Short Interest

Life360, Inc. (OTCMKTS:LIFX) was the target of a large decline in short interest during the month of May. As of May 29th, there was short interest totaling 38,000 shares, a decline of 95.9% from the May 14th total of 918,346 shares. Based on an average daily volume of 5 shares, the short-interest ratio is currently 7,600.0 days.

Life360 Price Performance

Shares of Life360 stock remained flat at $14.98 during trading on Tuesday. The firm has a 50-day moving average price of $19.14 and a 200-day moving average price of $22.44. Life360 has a 1-year low of $12.54 and a 1-year high of $14.98.

Life360 Company Profile

Life360, Inc operates a technology platform to locate people, pets, and things in North America, Europe, the Middle East, Africa, and internationally. The company provides Life360 mobile application under the freemium model, which offers its services to users at no charge; and provides Life360 Platform, which offers location coordination and safety, driving safety, digital safety, and emergency assistance services. It also provides tile hardware tracking devices to locate lost devices sold through online and brick and mortar retail channels, as well as directly through Tile.com; tile mobile application that includes a free service, as well as two paid subscription options, such as Premium and Premium Protect to offer additional services, including warranties and item reimbursement; Jiobit subscriptions; and Jiobit wearable location devices for young children, pets, and seniors primarily in the United States through online retailers.